Cheap Homes for Rent in Lake Park Neighborhood of Milwaukee, WI from $1,100 (24 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lake Park area of Milwaukee.

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Showing Results 1-24, Page 1 of 1

Lake Park, Milwaukee, WI Local Guide

Cheapest Available Lake Park Apartments for Rent

 

The cheapest available apartment rental in the Lake Park area of Milwaukee, WI is a 1 Bed unit found at Edgewater East priced from $680. Buckingham Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable Lake Park apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Edgewater EastOne Bedroom1BR,1BA$680
Buckingham ApartmentsSmall StudioStudio,1BA$695
Royal Plaza ApartmentsStudioAStudio,1BA$825
Prospect DownsStudioStudio,1BA$840
ProspectiveStudioStudio,1BA$875

Best Value Apartments for Rent in Lake Park, WI

As of September 21, 2025 the best value apartment in the Lake Park area is the $1.13 price per square foot 2700 N Prospect Ave Model at 2700 N Prospect Ave, Unit 2700 in the in the Haymarket neighborhood starting from $2,700. The second greatest value Lake Park apartment is the 3BR/1.5BA Model at The Shamrock - West & East starting at $1,625 with a $1.05 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Lake Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2700 N Prospect Ave, Unit 27002700 N Prospect Ave4BR,2BA$1.13
The Shamrock - West & East3BR/1.5BA3BR,1.5BA$1.05
1726 N Arlington Pl, Unit Lower Unit1726 N Arlington Pl3BR,1BA$1.00
1624 N Warren Ave, Unit Lower1624 N Warren Ave2BR,1BA$1.18
Viking2 Bed / 1.5 Bath2BR,1.5BA$1.16
2206 E Locust St, Unit 21202206 E Locust St2BR,1BA$1.14
Oakland Manor2 Bedroom 1 Bath2BR,1BA$1.04
3127 N Bartlett Ave, Unit 23127 N Bartlett Ave3BR,1BA$0.93
1755 N Arlington Pl, Unit 11755 N Arlington Pl2BR,1BA$1.16
The Park at 1824 Student Apartments2 Bedroom Apartment2BR,1BA$1.11

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Pet Friendly Lifestyle
Lake Park, Milwaukee, WI

Ranked #27

Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Lake Park

What type of rentals are currently available in Lake Park?

There are currently 526 Apartments for Rent in Lake Park, WI with pricing that ranges from $513 to $13,610. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Park ranging from $1,150 to $4,600.

What is the current price range for Rental Homes in Lake Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Park ranges from $1,150 to $4,600 with an average monthly rent of $1,959.

How much are larger Three and Four Bedroom Rentals in Lake Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Park range from $980 to $13,610, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $1,895. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $1,595.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Finding The Best Affordable Milwaukee Neighborhoods to Rent

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then just blocks outside the border, many Milwaukee neighborhoods have been home to friends and family for many years.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.